Listing Details:

  • Business Category:               Sports Related Biz
  • Price:                                          $210,000
  • Gross Revenue:                      $378,676
  • SDE:                                           $81,428
  • Seller Financing:                     $52,500
  •  Location                                   SE Minnesota
  • Support & Training:                4 weeks
  • Reason for Selling:                 Retirement

Business Description:

Located in SE Minnesota, we are offering an opportunity to own a successful online/retail business in the archery space. With 37 years in business, they have gone from retail to predominately online. Revenues have grown and in 2020, 85% of their sales were online. This provides the opportunity to relocate with the majority of their clientele in the upper Midwest.

Why buy this business? Archery is becoming a part of the extreme sport trend. This trend transcends all age groups. In fact, archery companies and organizations are making it easier for kids to learn and love the ancient sport. Archery is one of the fastest growing sports and in 2015 the Archery Trade Association showed that 21.6 million people in the United States participate in the sport. These numbers are only going up.

This business could be a fit for someone with a passion for this outdoor sport and its growing popularity. With the online portion of the business positioned, this opens up opportunity for it to be run from almost any location.

 Highlights 

  • Turnkey
  • Great cashflow
  • Online business with option to keep existing retail location
  • Growing popularity and demand
  • Strong following and reputation in their industry
  • Currently located in Southeast Minnesota
  • Seller financing available

 

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E-mail address

minnesota@tworld.com

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+(888) 290-5232

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